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, too. you know what i am thankful for this thanksgiving? i am thankful elections, they have consequences. >> the time for bickering is over. the time for games has passed. now is the time to deliver on health care. >> have you read the bill? hell, no, you haven't. >> the supreme court has upheld president obama's health care law. >> the health care law. >> the signature achievement of barack obama's presidency. >> now they're trying to drag it into the negotiations over the fiscal cliff. >> we have a new message from congressman boehner. >> we can't afford it, we can't afford it and we can't afford to leave it in tact. that's not a new message. >> can you say it was done openly? >> that is not a new message. >> they have been defeated three times. >> we had an election. >> the american people have spoken. >> elections have consequences. >> we're not going to change anybody's mind. >> they need to move on. >> we had an election and they lost. >> i want to thank everyone who participated in this election. >> the presidential pardon. >> the winning turkey can thank his stellar
the election was all about. john boehner, if he is serious, will have to find out, but he certainly isn't very smart. the congressional budget office estimates, they show that the affordable care act will actually reduce the deficit. it doesn't make a lot of sense to get rid of a deficit reduction program, as part of a deficit reduction deal. the white house already rejected boehner's idea. obama care will not be part of debt negotiations. boehner is up to something here, don't you think? something else, that is. if you watch john boehner closely over the last two weeks, you can see him laying the ground work for the latest ploy. he called obama care the law of the land, but also tried to link it to obama care and the budget. >> you had said, next year, that you would repeal the health care vote. that's still your mission? >> well, i think the election changes that. it's pretty clear that the president was re-elected. obama care is the law of the land. i think there are parts of the health care law that are going to be very difficult to implement. and very expensive. and at a time where we're
in this election. what made them think so? the polls were tight but favoring president obama. what north star was guiding the gop convincing them that the white house would be back in their hands in january? back where their hankerings were convinced it belonged? there was a darker side to this deep sense of executive entitlement, the sense they had the same assumed access to the white house as they did in the corporate dining room. it's more than a bit frighting. i have heard at least one person of the right state their pained belief or relief that at least the election didn't end up in a situation where obama won the electoral vote but romney got the popular vote. i agree that would have been bad. it would have denied the democrat the clear mandate. the implication from the right wing seemed to have been had the republican candidate won the popular vote, there would be trouble of some undefined type. what the heck did that mean? yes, we've had to put up with this ridiculous secession petitions out there, the texas version having been signed by over 100,000 people since election day, but cou
belief or relief that at least the election didn't end up in a situation where obama won the electoral volt but romney got the popular vote. i agree that would have been bad. it would have denied the democrat the clear mandate. the implication from the right wing seemed to have been had the republican candidate won the popular vote, there would be trouble of some undefined type. what the heck did that mean? yes, we've had to put up with this ridiculous secession petitions out there, the texas version having been signed by over 100,000 people since election day, but could the right have gone further had it been armed with a popular vote victory? there does seem to be a difference in the two parties. when al gore lost 12 years ago, he ignored his 600,000 vote victory in the popular vote. he just learned to live with the irony. republicans have carefully forgotten this bit of history, but i have real doubts those on the angry demanding right would have been so quietly o beet yebt to constitutional law. there's something out there on the right right now that is still uneasy w
stech wents that have re-elected me. >> the pledge is for that congress. if i remember in congress in 1941, i would have signed a declaration of war against japan. the world has changed. >> but grover norquist does not think this world has changed. for republicans, who signed his pledge. >> are you going to want to exact punishment on them in two year, what? >> two things. there have been some, the folks whose pictures you put up there, some have engaged in impure thoughts. they haven't actually voted for a tax increase. we could ask president bush how his second term went after he broke his pledge. did he damage the pledge or by breaking his pledge, he lost a second term for the presidency. >> and this morning, even fox and friends were getting all philosophical about till death do us part pledges. >> i think you get into really difficult situations in relationships in general when you make people sign on the dotted line and then you crucify them if they decide to change their line. i'll bring it back to marriage. marriages don't work when one or both parties stand on both sides o
a lot of these games of chicken and scenarios is that we had an election and it was pretty clear. the democrats won. obama is back in. and one of the clearest issues in that election was that taxes should be raise d and raised on the rich. that gives the president even more lev ranl. i think the president has enormous leverage. if we do go over the cliff in terms of tacks? we go back to the clinton tax rates, which as i remember it, were not so onerous. they certainly were pretty good in terms of the economy. the economy did thot suffer. the economy did much better under clinton than bush. i don't think at least on the tax side, going over the cliff is that big of a deal. it's not really a cliff at all as you suggested and if we get major cuts in the military and defense spending, i'm not sure that's a bad idea at all. >> now, joy reid, we all deal with being dumped in different ways. that is the choice grover has made tonight on cnn. let's watch. >> i don't see any movement toward ts republicans wanting to raise taxes or people wanting to break their pledge. in fact, to be fair
the election. it will now be used to promote the president's agenda. >> you could see people using dashboard to say, okay, i want to talk about the choices in front of us in the fiscal cliff. we did over 350,000 events on dashboard. it would be easy for supporters to start asking people to call members of congress. >> the biggest assets is republican stubbornness. here's tea party senator rand paul addressing incoming republicans about the fiscal cliff. >> but the bottom line is it's a mistake to raise taxes on anybody we shouldn't in on it it. those who are new here, please hold the line. there's one compromise i would be in favor of and that's that all spending should be cut. we compromise enough to say let's look for waste in the military budget. the liberals have to compromise. >> despite losing the election, republicans still have a very much my way or the highway attitude about all of this. they have less leverage now than they ever had on this issue. "the new york times" reported on more defections from the anti-tax pledge. peter king of new york is the latest who marginalized the num
nonsense is so freely propogated. >> she is the fourth woman elected to the senate and the first republican. 20 years in the senate. >> the first ones don't see their success, but what they do does prepare the way for the mechanics generation or the next woman to move to the next level. >> he, for good or bad, always goes his own way. 25 years in the senate. >> what, after all, is a democrat like me doing at a republican convention like this? >> at the end of his term they are leaving for good voluntarily. >> i yield the floor. >> i yield the floor. >> i yield. >> i yield the floor. >> today farewell to congress with arizona senator john kyl, massachusetts congressman barney frank, senator kay bailey hutchison of texas, and the connecticut independent joe lieberman. i'm candy crowley, and this is "state of the union." >>> 35 members of congress retired this year. ten in the senate. 25 in the house. the highest number of retirmts since 1996. i sat down with four of the retirees at senate joe lieberman's hide-away offense in the capitol to talk about what they'll miss, what they won't miss, t
-to-face meeting since the election and oh, to be a fly on the wall. makes you wonder if they'll be talking about this, the austerity crisis, better known as the fiscal cliff facing washington and the country. this hour president obama will speak live at the white house flanked by middle-class families whose household budgets depend on congress reaching a deal by january 1st. his latest effort to use his bully pulpit. nearby on capitol hill, both parties are meeting behind closed doors at this very minute. each side hashing out where they are willing to compromise and where they are drawing the line in the sand. >>> the other big story we're watching for you, a second round of sitdowns for united nations ambassador susan rice, who's in an all-out campaign of her own to face her critics. after three republicans issued blistering comments yesterday, this morning rice is meeting with republican senator susan collins of maine and in an hour is expected to meet with senator bob corker of tennessee. rice's harshest krit eks are still vowing to block her potential nomination as next secretary of state.
am confused. i remember hearing that democratic nations are peaceful, hamas democratically elected in 2006, morsi government was just elected and they become more anti-american, more dangerous to israel, more anti-western. what went wrong with our understanding of democracy here? >> i think it was much too limited. democracy is a culture. it's a way of life. it's not just simply holding an election and counting votes. it takes a long time to get it in place. it's no knock on any particular region or religion to say that. people have recognized it as far back as jon stewart, in europe they didn't cover themselves in glory in the last century. in russia having passed out of authoritarianism may be going back into it. so the fact that a group can gel elected in the and they believe the first 9/11 was an inside job can elect the president of egypt is no surprise. what it shows the general deterioration of the security situation for the united states, for israel and other friends in the region that has certain under the obama administration. >> so we should stop promoting democracy as a
the new government is formed as the new elections are on january 23rd. >>> and on to egypt, things are calm right now after four straight nights of violent protests. tahrir square, a large crowd still camped out there. and just in the past hour mohamed morsi met with top judges. morsi issued a decree seizing new powers. it sparked massive riots that killed one protesters. nbc's jim maceda joins us live. we were advised to be careful when saying morsi tried to seize power. specifically run down the decree or what he's seeking here. >> reporter: well, the whole issue of power is what's at stake, and you mentioned that meeting in your lead. that meeting with -- between morsi and top egyptian judges is absolutely critical to this whole playing out of what's going to happen to egyptians in this country. that face-to-face meeting has been going on now for almost four hours. there were indications going into it that a compromise was close, and now this gets into legalistic leads but this is important. it's about a constitutional crisis. it does appear that morsi agrees to a sweep of the d
on election night and thanking his family and his supporters. according to the pew research center he could have also thanked the media for his win. the people of pew found media coverage of president obama was more positive at 29% during the last week of campaigning before election day. coverage of mitt romney on the other hand, mostly negative, 33% that same week. so, should this be a big thank you to the media for his reelection? >> no, i mean, i think he would have lost the election because of their get out the vote things as well. >> you're talking about romney. >> that's right, but if you look at the media's coverage and the pew people have said that they thought it was that reporters were paying attention to the polls. well, you know what? reporters unless they're reporting on a poll should not be paying attention to polls he when they write their story and be aware of any unconscious bias. >> jon: somehow, i suspect, jim, you're not surprised by the numbers from pew. >> no i'm not and i've cited before evan thomas saying it could be 15 points in an election and amended that to say 5
will about the election we just had. this one's hotter, nastier, more personal. one side says it's about character, about whether a close confederate of the president told the truth, the whole truth as she knew it when she went on national television and said the death of a u.s. ambassador was a spontaneous reaction to an anti-muslim video, some trouble-making clown made out in california. ignoring john mccain and his ail argue evidence it was an organized act of terrorism. not so says the president. his u.n. ambassador and close friend simply told the truth as she was permitted to tell it, what the cia gave her to say and no more. for that he charges susan rice, in the words of the new york post, being fried. political fight fans on the tabloids relish this extreme combat what should be a good person's judgment? that's my question tonight. is susan rice now a surrogate for the president, someone to take the punishment when others above her pay grade should be answering the questions, or is she accountable for going on national television knowing she can't tell the whole truth because it
the president is fond of susan rice. you saw that in the press conference after the election. he really forcefully defended her. you saw more passionate people had been waiting for from the president. if there's a time to push someone, the president believes is the best personed to the job, it's after you win the election in a pretty strong way. so the president, i think, if he wants to push her, now is the team to do it. it's interesting that so many senators such as john mccain and lindsey graham oppose her. policy-wise she's closer to them in terms of policy and intervention and human rights than, say, senator john kerry, for example. >> amanamanda, you referenced t press conference where the president went to bat for susan rice. let's actually take a listen to them. >> for them to go after the u.n. ambassador who this nothing to do with benghazi and was simply making a presentation based on intelligence that she had received and to besmurch her reputation is outrageous. when they gt after the u.n. ambassador apparently because they think she's an easy target, then they've got a prob
of palestinian leadership is authentic. the people elected the leader of the palestinian people. but the americans try to divert their attention from the central issue of how to go about making peace in the middle east, and try to concentrate just how to control one party or another, this will be a grave mistake, a disservice to peace and to the stability of this region. >> so are you personally concerned that all the dealings here appear to have been done directly with hamas, and not with a wider group to include president abbas? >> well, president abbas was not absent from these negotiations. of course, when there is a fire, the extinguisher goes directly to the cause of the fire, but it is part and parcel of the palestinian struggle against the israeli occupation. if we were only to look for the future of the cease-fire, this is another mistake will be made. we have to deal with the root cause of the conflict here. the united states of america was very right when it started -- in the latter part of president bush jr., the presidency afterwards, to give the priority to the pal
weeks after the longest, most expensive and exhausting election in u.s. history eyes are turning to 2016 as speculation begins over the next batch of candidates lining up to run for president. >> who could that be? i know it's going to be a surprise. >> i know it is too. we're moving past these dynasties. >> exactly. >> of ruled politics for decades. republican up and comer jeb bush jr. says he would love to see his dad run for president, and rand paul says he's going to follow in his pop's footsteps too and hillary is going to run too. do you have to be related to somebody who has been president of the united states or run for president of the united states to actually do that yourself? >> i think that's what makes the names. here's jeb jr. >> your dad going to run for president? >> i don't know. no comment. i certainly hope so. >> which is it, i don't know or no comment? >> i think it's the i hope so. >> you said, i don't know, no comment, and i hope so, which are all kind of contradictory. >> give me the full loaf of bread right there. >> word is out of florida jeb is lining up for 20
agree with with what julia said. i think that you have to interpret these elections in two ways. on one side, you have the independent versus unionist vote. and in that way, i think you can safely say there has for the been a great deal of change in the sense that the big push towards pro independence parties are as asked for didn't happen. on the other side, you can clearly say that in the left versus right, there has been just a move towards the left. and in particular with parties towards pushed against austerity cuts. so i think the way to on interpret that is that it will be hard for an independence referendum, although he has already announced he will do so. and he had to do so ban he has always announced that he will do this whatever results come out of of the elections. but to do so, he will have to form a government with the left erc party, which he's fiercely against austerity. so i think that for rajoy, all this means that probably he is strengthened in the and itity independent side of the story, but also he will find it very hard to push further austerity that is needed to
, it went very well. the problem was that was before thanksgiving after the election. and since that time, there's been little progress with the republicans, which is a disappointment to me. >> well, the market didn't exactly like what they heard there either. the dow lost nearly 90 points today. much of it in reaction to harry reid's dismal statement. i got an e-mail with it all in caps, the market is coming in on these headlines from harry reid. this matters, every word they say matters and white house press secretary jay carney was on the defense today. he pointed out as he had done yesterday that the president spoke on the phone with senate majority leader harry reid and john boehner over the weekend. and besides carney says, the president has to talk directly to the american people. >> it is vitally important that ordinary americans actively engage in this debate because the outcome of these negotiations and the hopeful product of these negotiations are the product that we hope emerges from these negotiations will profoundly affect their lives. >> so is the president, the missing ing
presidential sweeping powers and we have suffered from them. secondly, we elect democratically our presidents who acquire authorities which are more than enough for him to be an active president in shaping egyptian politics, domestic politics and he does not need additional authorities. thirdly, egyptians have always held the judicial branch of government in high regards and these are not like any lack of what -- of the judicial branch of government to be part of what our -- revolution is all about. >> could this be something that's good for you? as a former member of parliament, the judges needed to dissolve parliament, putting you out of your job and now that morsi's trying to seize power from the judges, is this something that could end up being good? >> no, let me continue either way. i'm here speaking as a political scientist as well. countries which make it to success and transition to democracy after the revolution have always managed to build institutions and to respect the checks and balances. what morsi does is basically frees checks an balances and i'm not aware of any dictatorship
. >> the gop post election fallout continues on a couple fronts. >> the fiscal cliff is getting shorter and shorter. >> voters agreed with me on this issue. >> more than congressional republicans. >> we don't understand. >> americans didn't vote for dysfunction. >> the voters agreed with me on this issue. >> they voted for government that works. >> we don't understand why raising tax rates is the solution. >> can party leaders get a deal? >> impossible. >> all this talk about taxing the rich is nonsense. >> grover norquist. >> you speak of grover norquist. >> he's an entertaining warrior. >> pledge mentality is really on the run right now. >> speaker boehner clearly wants a deal. >> he can't have one arm tied behind his back. >> the top 1%, only 42% of the wealth. >> 48.5 million people lived below the poverty level. >> we should ask the wealthy to start paying their fair share. >> the american sense of fairness, no one should pay more than 25%. >> today's republican party has imploded. >> they are in denial. >> they are looking for someone to blame. >> grover is no longer speaking for
our nation's massive debt challenge. >>> a special election following jesse jackson jr.'s resignation from congress. jackson says he needs to spend time, quote, restoring my health. jackson mysteriously disappeared from capitol hill in may and his office later revealed he was dealing with depression and had been diagnosed with bipolar disorder. health concerns aren't the only thing jackson is facing, though. ted rowlands is in chicago. good morning, ted. >> reporter: good morning, carol. yeah. well, the health concerns are significant. he had two stints at the mayo clinic. talking to family members, that was the main reason why he just couldn't move forward. and he gave his letter of resignation to john boehner yesterday. in that letter, though, for the first time -- this is what you were alluding to, carol, he did acknowledge he knows he is the subject of a federal investigation for possible misuse of campaign funds. and in that letter at one point he said talking about that, i'm doing my best to address the situation responsibly, cooperate with the investigators and accept responsib
in the last election in terms of fixing the programs. >> having said that, a lot of people say i paid into social security and i deserve that. i don't see how medicaid can hold out. i think that's going to collapse a lot sooner than any economist we be forecast. >> there's a good reason why i agree with you. that may be the fastest entitlement program. here is the reason why. not because it's bankrupting washington, because they have been for 15 years. the reason is because it's bankrupting the state. states pay about 40% of the cost and every governor that i talk to, they say that we can't afford this anymore. it is becoming the top of our budget. i agree with you. that could be the program that we fix first. charles: predent obama is in and more people want out. tens of thousands of people are signing petition to secede from the union. we have ron paul on the phone right now. it sounds like you have gotten behind this. you are the biggest name attached to this so far. why do you think this is a good idea? >> well, i haven't taken the positionthat this is a good idea, but the princip
promised the people of egypt when you were elected president. >> reporter: now the egyptian president is putting himself above zwrui additional oversight they stressed the move was only temporary designed to hold people accountable in the previous regime but nevertheless democrats are nervous. one leading senator was asked what message should obama give the egyptian leader. >> he has to express those concerns and say obviously we wanted this change to be not just democratic but also be supportive of stability and also minorities and human rights in egypt. >> reporter: with the danger of instability the egyptian stock market was down more than 9%. >> heather: thank you very much. >> gregg: new york con man peter king announced he will be stepping down from the committee. he is obligated to step down because of term limits self-imposed by the republican party as chairman he helped ensure that new york received crucial federal funding to help combat terrorism. his replacement is not yet announced. he will devote to his new time as the homeland's panel of counterterrorism subcommittee. >>
by ambassador rice and president obama three weeks before an election. >> shepard: rice said while we wish we had had perfect information, just days after the terrorist attack, as is often the case, the intelligence assessment has evolved. neither i nor anyone else in the administration intended to mislead the american people at any stage in this process. and the administration updated congress and the american people as our assessments evolved. democrats call it all pure politics. they won the election, but the opposition still fighting. so now showdown between the white house and house republicans over the president's choices for his cabinet. catherine herridge live in the dc news room. it sounded like they were ready to dial this back. but they've dialed it up instead. >> they have. within the last hour, this from the three senators disputing white house claims that statements about benghazi are a closed matter, that there are no unanswered questions. the senators saying this morning the acting c.i.a. director morell told them the al-qaeda references were dropped in the c.i.a. talking poin
reality and this is the result of an election. it is significant. it's not only sacks b.chambliss. it's lindsey graham and he is most likely going to attract a primary challenger. this is not without risk but it's significant. it's not only the senators. you have senator coburn and saying it won't be terrible to raise taxes on the rich. i think we are starting to see a shift. the key is, is it just reductions or will some be willing to raise tax rates on the wealthy? that is going to be the real sticking point and ed, you heard what congressman king said. he said, look, it all has to be on the table. then you have speaker boehner saying that he wants obama care on the table in the fiscal cliff negotiations in reality will that be on the table, obama care in. >> you know, this is a a genius move by republicans. they wanted to repeal obama care. they would have done it had mitt romney been elected and they can't do that. boehner has said repealing it entirely is a moot issue. but getting some concessions is probably the way to do it. in part because there are democrats who agree that ch
off by possibly electing a bush when you have history of bush for eight years, clinton for eight years, obama for eight years, another bush when there was actually, you know -- well, wait, bush, clinton, bush, obama, bush. >> that's probably due for another obama. i think bush like christie is a republican who has crossover appeal. he has tremendous support among hispanics because of his position on immigration reform. tonight i'm going to be with governor bush. we are doing an event in washington talking about the need for educational reform as a big national security challenge unless we get k-12 education right, we're now not going to get this country right. and the fact that someone like jeb bush has become one of the principal champions of education reform has shown me how republicans can have appeal if they go beyond the narrow agenda. >> what do you think? >> i think he has enormous appeal. he's a very attractive candidate. and as richard pointed out, he is not the republican candidate we've seen in the past couple of elections. i mean, he has enormous appeal to the hispanic comm
since the election. there's no doubt about it. i think john, you'd verify this. number of republicans, i've talked to a couple of united states senators who said there's at least 10 to 12 republican senators who are willing to walk away from grover norquist on the tax pledge. >> it's breaking out all over. sanity is contagious. >> now, the question is, is the president going to stay where he is and go, you know what? we're going to do it my way or no other way? we're going to raise it to 90 -- to 39.6%. steve rattner had a great column yesterday. >> it's a must-read. >> you know there's more than one way to skin a cat, more than one way to raise over a trillion dollars in revenues. it doesn't just have to be the president's way. is the white house going to insist on the 39.6% tax rate, or will they consider the loophole part of it plus capital gains, plus a couple of other things? >> well, it looks to me like the white house has learned something over the course of the last four years which is that you don't start a negotiation by negotiating against yourself. >> right. >> you know, the
election day when you're the active president. p.j. will stay with us as we turn to another discussion right on point with president obama's foreign policy team. many republicans are attacking ambassador susan rice, a top candidate to replace secretary of state clinton. the senate has spiked some key nominations from president obama before, from elizabeth warren to nobel peace prize winner peter diamond. there is one number that suggests obama is likely to win this battle. we will look at the math after the break on "now." so you say men are superior drivers? yeah. then how'd i get this... [ voice of dennis ] ...safe driving bonus check? every six months without an accident, allstate sends a check. ok. [ voice of dennis ] silence. are you in good hands? [ male announcer ] it's that time of year. time for campbell's green bean casserole. you'll find the recipe at campbellskitchen.com. ♪ campbell's. it's amazing what soup can do. olaf gets great rewards for his small business! pizza! [ garth ] olaf's small business earns 2% cash back on every purchase, every day! helium delivery. put i
. and i think the fact that it comes after the election and after occupy and occupy sandy, i think, was a big deal too. there was a little bit of a shift of how people are seeing labor and how people are seeing some of these whole sort of set of progressive ideas that some people said to quote lennon here, we're in the dust pan of history. maybe take them out of the garbage can and dust them off a bit, but far too early to proclaim victory. greg was clearly a highly educated, highly motivated guy. so many of the people who work there are really, i think, you know, much more on the edge, not people who know labor law very well. are not people who can afford in their personal lives to take that kind of a risk even if they believe it. so i think it's really, really hard. >> but even as -- you know, i didn't think of it until now, but the idea just as a media story, to have something that pictures americans as people other than these cows just storming in -- the thing i hate about the black friday is the way the media uses it as proof, well, this is the american consumer. and walmart a
days after the election to resign instead of letting voters select his successor on november 6th. congressman bobby rush the only person who beat barack obama in an election is sticking um for the embattled 47-year-old. >> i don't think that anybody has been duped. i think that that this is a process that no one really knew exactly what was going to happen. >> jackson was under investigation for allegedly skimming campaign funds to remodel his house, among other things. and in a letter to speaker boehner said i am aware of the ongoing federal investigation into my activities and i'm doing my best to address the situation responsibly, cooperate with the investigators and accept responsibility for my mistakes, for they are my mistakes and mine alone. within four days, illinois governor pat quinn is expected to announce the date of a special election to replace expwraction and former congresswoman debby halverson who lost to jackson in a primary this year hasn't ruled out another run. she also made clear she doesn't think much of the nine term congressman. >> i hate to use the word
in the u.s. markets after the election on november 6th. we're back to -- >> we have a crack data team, don't we? we ask, they perform. thank you very much. >>> from california to florida, walmart workers have been staging protests at various locations across the country. but, is that keeping shoppers away? we'll go live to a walmart store in maryland for the latest action on that. >>> plus, we'll tell you six ways to find the best deals out there. all it takes is your fingers and a mobile device. >>> up next -- fiscal cliff getting closer and closer every single day. one member of our panel says there is no way the lawmakers will hash out a deal by the end of the year. what does that mean for stocks? stick around to find out. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no mat
of things going on in politics as ever. we had regional elections in spain. yields you can see slightly higher, but still well below 6%. now, these regional elections fairly important because we know catalonia has been pushing on on independence. now, it looks less likely we'll get that referendum, but not because people in catalonia are any less eager on a separatist movement. just that they didn't vote for the main guy who is proposing it. they voted for competitor party which is makes it slightly harder in the short term for them possibly to get a referendum going. so eases the pressure in the short term but means there is still a longer term problem there. catalonia is one of those regions that still has very large deficits, as well. so the politics in spain slightly skewed as they will be, but not so much pressure on rajoy at the moment. unlikely to ask for assistance in the short term. we also have another euro group meeting take, back in brussels, yes, i know, we seem to have one every week. they may come up with a long term financing deal for greece. finally talking about debt f
as a result of paying it earlier. >> adelson loses in the election so he realizes rates are going higher so he pays a special -- >> i don't know what the numbers add up to. he spent over -- how many millions did he spend? >> for investors that want to catch the next one, it's a shot in the dark to know who will be -- we're kind of running out of time here. >> the clock is ticking. >> go to one where you have grandkids relying on the dividend. anyone out there? >> it's great point. >> generation skip? >> walton grandkids, $800 million a month in dividends. >> how do you spend all that? >> i don't know. >> but brown forman is a fantastically performing -- a real winner. you may know this as jack daniels. very successful -- very successful growth company. as has bean. these are very, very cash flow spewing companies and they're giving it to you. i love it. i really do. >> it's amazing. >> we talked about it so long ago after the election you started to see it pop one after another. walmart setting the tone. >> returning capital to share holders is a theme. adt as well increasing its share repurch
that the president was notified on the day of the election. clayton is here to guide you through the best black friday deals. >> you are a cool geek. >> black friday and saving hundreds of bucks stay tuned and grab your coffee. ♪ ♪ you better shop around. is what drives us to broadcast the world's biggest events in 3d, or live to your seat high above the atlantic ocean. it's what drives us to create eco-friendly race tracks, batteries that power tomorrow's cars, nearlyndestructible laptops, and the sustainable smart towns of the future. at panasonic, we're driven to make what matters most better. just another way we're engineering a better world for you. i've been fortunate to win on golf's biggest stages. but when joint pain and stiffness from psoriatic arthritis hit, even the smallest things became difficult. i finally understood what serious joint pain is like. i talked to my rheumatologist and he prescribed enbrel. enbrel can help relieve pain, stiffness, and stop joint damage. because enbrel, etanercept, suppresses your immune system, it may lower your ability to fight infections. ser
gained more than 1%. the dow closing above 13,000 for the first time since the election. this week, the focus turns back to the u.s. economy now the fiscal cliff talks are looking more promising and the election is behind us. new reports this week on the housing market, manufacturing sector and consumer data. also the second estimate for third quarter gdp comes out on thursday. the broadest gauge of the health of the economy and economists think that number is going to show better growth than we saw, 2.8% down from 2.2% that they had thought earlier. the fiscal cliff being, you know, something that really helped the stock market last week. >> i would imagine. >> don't screw up. >> please, congress, don't mess this up. let's take a live look this morning at the capitol dome where congress is back to work this week. s fiscal cliff staring them in the face. 35 days, we go right over that cliff or right down that slide or whatever the metaphor is we're using today. politicians on both sides of the aisle are now signaling that they're willing to compromise. that includes republicans who
roosevelts election derailed from the depression. >> gretchen: stewart varney went back to the 30s and fast forward here. >> not just me. first year of fdr's second term was 1937 and it was a terrible year for the economy. dow jones industrial was cut in half . unemployment 15 percent and it was a depression within the big depression of the 1930s. is the parallels between then and now. fdr raised taxings. president obama is going to raise taxes. many of the big themed policies of the first term of fdr were implemented in the second term. same with president obama and think obama care and financial reform . attacking wall street as the villian. president roosevelt did that . wall street was the villians and shades of that exactly. 2013 president obama wall street is the villiage and then the rearrangement of society. fdr tried to do it. and president obama is doing it and run away government spending. parallels are there and hope it doesn't work out like it did then. >> we want all americans back to work. and back in the 30s industrial plummeted 34 percent in the first year of the second ter
will stay on until a new government is sworn in after the elections. national elections in january. ehud barak is israel's most decorated soldier. he also served as prime minister. barak has been moderating influence with the united states and powers. his decision to quit politics comes at a time of uncertainty with israel. he has clashed publicly with the prime minister there benjamin netanyahu how to handle the threat from iran's nuclear program. folks at the macy's thanksgiving day parade spotted something strange. turns out some of the confetti was actually secret police files. coming up, how social security numbers and info on undercover cops and even governor mitt romney's motorcade ended unraining down ended up raining down on the crowds. second time in just days that a bird strike sparked a mid-air emergency. that's coming up as fox reports live tonight. make a wish! i wish we could lie here forever. i wish this test drive was over, so we could head back to the dealership. [ male announcer ] it's practically yours. test drive! but we still need your signature. volkswagen sign the
election cycle, democrats in the last two cycles have attacked all the republicans who took the pledge. so they have been reinforced in the fact that voters know that they made that commitment and they got elected making that commitment to voters. >> i just want to be precise on what you consider to be a tax increase. we know an increase in the marginal tax rates, that's a tax increase. but what about capping deductions? from your standpoint of the pledge, would that be considered a violation of the pledge to cap deductions, as some republican lawmakers are now suggesting? >> this is not a trick question. the pledge says no raising rates, no broadening the base unless rates come down dollar for dollar. the pledge is only two sentences but they are very clear. one of the reasons why eliminating deductions and credits, obama wants a trillion plus dollars worth of tax increase that way, is that if you do that, you've just got a tax reform for decades to come, because how do you reduce marginal tax rates so we can become competitive in the world on the corporate and the individual side, if you
. our president during the election, he himself embraced the three to one notion and referenced bowles/simpson. i think both sides understand that. i'm not believing that there's that much irresponsibility among leadership in washington. >> let me ask you about entitlements. it's unclear at this point as to whether democrats are seriously willing to put that on the table. if you listen to harry reid, the senate majority leader, it would certainly suggest they're not. the white house itself has said it considers entitlements, social security, and otherwise as a separate issue from the fiscal cliff. house leader eric cantor speaking this morning in washington about that very issue. i want you to listen and we'll talk about it on the other side. >> we have not seen any good faith effort on the part of this administration to talk about the real problem that we're trying to fix. i'm told that mr. bowles, as some of us will meet with him later today, had said earlier this morning there's been no serious discussion by the white house on entitlements, on medicare and medicaid. >> is that where
is that well, no, george w. bush won this election by winning over working women in ohio. folks were concerned about their economic prospects but said hey, george w. bush is going to protect us from terrorism and what did he do? 2005, social security, personal accounts, comprehensive immigration reform. he wasn't addressing those core kitchen table bread and butter issues that a lot of middle class folks were aspirational. they want to be better off. but they're really concerned about -- they're a lot more concerned about health care and education and issues like that than they are concerned about taxes. what do you get from mitt romney? you get a campaign that's all about tax cuts rather than about the core kitchen table bread and butter issues. i have been saying that's a big mistake for a long time. now you have a lot of republicans who are catching up, who are getting it. it's about time. >> do you think, roland, they can get it and make up the ground they've lost? so many people are saying you've lost hispanics, you're never getting them back, you're done, there's no more gop. is that rid
the importance of coming together in the wake of the election. also, thanking the troops for their service. and he reminded americans that there are some folks who are suffering in the wake of hurricane sandy. take a listen to a little bit more of what the president had to say. >> it will be a long time before life gets back to normal for them. but in the midst of so much tragedy, there are also glimmers of hope. over the past few weeks we've seen fema personnel and national guard and first responders working around the clock in hard-hit communities. >> now, yesterday, alex, much lighter note. president obama pardoned the official thanksgiving turkey. cobbler and his alternate gobbler, who will live out the rest of their days in mount vernon. two lucky birds. president obama and the first daughters also went to a local food bank to serve the folks there who are in need on this thanksgiving holiday. >> thoughtful gesture on both fronts. kristen, thank you so much. >>> let's get back to the political cease-fire with our panel. hello, guys, glad you're here. happy thanksgiving. >> good mornin
for having me. >> ahead, the democratic process left to the flip of a coin. the election that was decided by a coin toss. that's next. >>> plus, you want to be danica patrick? now is your chance. virtually at least, with a new racing game, and she's here with a live preview. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. buy now. save later. your soups are so awesomely delicious my husband and i can't stop eating 'em! what's...that... on your head? can curlers! tomato basil, potato with bacon... we've got a lot of empty cans. [ male announcer ] progresso. you gotta taste this soup. we've got a lot of empty cans. alriwoah! did you get that? and...flip! yep, look at
optimistic, a lot are arguing you have fewer people in the middle in both parties as a result of the election and don't have democrats willing to make the concessions of on spending cuts and health care, medicare as you don't have republicans on one side, but i think -- i had bob corker on yesterday or the day before with klim clyburn yesterday and they were praise ing -- clyburn was praising what corker had to say. the president has a lot of leverage. what he said to congressman cummings, don't pack your bags. we're going to be around pore a while. i have alan simpson coming on our show. >> fantastic. >> all right, andrea mitchell. 1:00, thanks. >> thank you so much, andrea. up next, baseball loses marvin miller. if you don't know the name, you ought to know the name. perhaps the most influential figure -- >> absolutely. >> baseball but also in the history of professional sports. mike barnicle will help explain why. sports is next. two years ago, the people of bp made a commitment to the gulf. bp has paid over twenty-three billion dollars to help those affected and to cover cleanup costs. to
were having during the election. they lost. a majority of the american people, more than the number of people who actually voted for the president don't great with that approach. they great with the president's himself here in not recognizing that he does not have the leverage he believes he had. >> he grew his from boehner earthquake. >> no, he didn't. fuel will youly lost sea. >>> now, litz listen to, this fiscal cliff or no fiscal cliff, your taxes will probably go up anyway. it's all because of obama. >> the economy, slam investors and triple capitalism. say no to nationalized health care system, no to blanket tax increases and that means let low. [ male announcer ] this december, remember -- what starts with adding a friend... ♪ ♪ ...could end with adding a close friend. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and
up above 13,000 barely on the dow. europe taking stock of spanish elections over the weekend waiting to see if they can agree on the bailout for greece. we start with black friday shopping weekend. numbers look out as we kick off cyber-monday. which retailers crushed it and which ones were crushed? >>> if you were keeping track, the dow added 421 points last week and bulls argue it could add even more if european leaders settle this dispute over greek aid. we'll discuss the potential impact as they meet in brussels right now. >> a big day for analyst upgrades. research in motion, facebook, yahoo! we'll go over those and see why citi needs three analysts to initiate coverage of apple. we'll begin with retail sales picture from this past weekend. 139 million consumers shopped during black friday weekend. that's up from 132 million last year. total spending up to 59.1 billion to 54.4 a year ago. average holiday shopper spending $434 over the weekend. sales on black friday fell 1.8% from the same day a year ago setting the stage for today known as cyber-monday. american shoppers will spe
that the chicago gang meeting was cooking the unemployment numbers. >> who said the election was a sham and a travesty. >> -- call for the march on washington. donald trump? >> armchair billionaires for change. >> martin luther king's march on washington all these years later. >> you know rupert murdoch, right? what do you think? >> we were together last week. >> i told you guys during the break, it's an interesting conversation. but twitter is its own little world where your personality is developed in a way that's almost completely independent of who you are. i have trouble seeing how do you become -- you can be someone wholly independent on twitter doesn't reflect who you are. that's not an excuse for rupert murdoch. >> it's so wrong -- >> really? >> actually twitter -- >> have you ever met somebody in real life that you follow on twitter and you've never met and said that's not who i thought you were? >> i think people no filter right what you get is the unedited not necessarily polite maybe more real version and that they kind of clean up the real when they know they're going to be
decimated but gop senators say it is proof rice was putting pre-election spin before national security. >> it was unjustified to give the scenario as presented by ambassador rice and president obama three weeks before an election. >> reporter: ambassador rice, what do you say to republicans who say your comments were politically motivated? rice didn't answer our question but admitted her talking points were, quo, incorrect in a key respect. there was no protest or demonstration in benghazi. while we certainly wish that we had had perfect information just days after the terrorist attack, as is often the case, the intelligence assessment has evolved. we stressed that neither i nor anyone else in the administration intended to mislead the american people at any stage in this process. and the white house had this to say. >> the focus on some might say obsession on comments made on sunday shows seems, to me, and to many, to be misplaced. >> reporter: gop senators also complain rice neglected to ask key questions before telling the public what turned out to be wrong information. >> that's tr
and the shareholders who elect these individuals allow companies to move assets to the highest form? john malone constantly spins off things shuffling paper. looking to not only grow intrinsic value, but allowing it to surface. if you just bought a basket of securities that dr. malone had over the years, you'd have compounded assets at about a 15% the last 20 to 30 years. buffett does something else, buys and holds. irene rosenfeld, i said she's going to buy cadbury, she took it, put it into a package, spun off kraft. mondelez is a fantastic asset. another example, hillshire, sarah lee, we talked about that spinning off. look at the pieces. what are the elements that are worth? hillshire is a company 120 million shares, the stock's around $25, $3 billion market cap, basically the company sells protein for breakfast, jimmy dean sausages, the sausage category, how big is it? >> might be a little fat -- >> lunch meat. joe -- >> well, it's sausage. i want it. i eat it, i want it. i'm telling you it's not all protein. this is good. >> hot dogs, joe. >> just sort of in a trance. it's sort of a relief,
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